![]() It is okay to climb up the corporate ladder, but there are many more options available for those who choose to plan beyond retirement. While some of the teachings may seem obvious to some, many think that the career path is the only way towards a promising future. It is also possible to pay fewer taxes and earn more while becoming more financially secure than your peers. As long as someone works intending to save enough to start a business and later invest, they are moving in the right financial direction.īesides teaching you how you can work towards a more financially secure future, this book reveals how you can work less. This is not to say that people should look down on employment, far from it. These two quadrants work for those looking to create great wealth to pass down to the next generation. For anyone in any form of employment, the goal should be to own a business or become an investor. The author concentrates on four ways of generating wealth that include employment, self-employment, business, and investments. In this story, the author reveals strategies for wealth creation and financial stability that goes beyond job security. Rich Dad’s Cashflow Quadrant follows Robert Kiyosaki’s Rich Dad Poor Dad book. It is also quite short, and you can choose to read it all in one sitting or enjoy it in bits. While this book is about serious money issues, the anecdotes make it interesting. Even if you never had an opportunity to go to school, you could make good use of the money that passes through your hands. The good thing about this book is that it doesn’t focus only on the learned. Kiyosaki includes his life story as well as stories about other people who used some of his teachings to change their lives. The book will not only change the way you look at money but also equip you with a few life skills. Rich Dad, Poor Dad, is a perfect choice if you are looking for an easy to understand book on finances. The author also touches on why economic stability is essential, not just for you but also for your future generations. While most financial books tell you what to correct to be better financially, this one guides you on practical steps you can take towards financial freedom. The author shows you how money flows from your pockets to the different avenues you choose to spend it on. Some images are included, which works great for those who think in pictures. This book’s message is pretty simple, and Kiyosaki delivers it in an understandable way to anyone who can read. ![]() Friends and family may mean well when they influence you to spend more, but this only keeps you in the poverty cycle. Instead of using all your money on clothes, designer shoes, jewelry, and cars, you should keep a percentage on your income and continue reinvesting it until you can make enough money to sustain you as you sleep. Kiyosaki also tries to reprogram our minds and behavior around money. While many skills are taught from a young age, there is little information where money, creating wealth, and becoming financially independent is concerned. The way schools program students to study hard so they can join the workforce. It expounds on the way most of us are socialized. Over time, the rich dad could make more money than his family could live on and make his money work for him. He saved up a portion of his income and invested in other income-generating projects. His friend’s dad, who the author refers to as his rich dad, had a different way of doing things. Kiyosaki’s birth father was poor, yet he worked hard every day of his life. Drawing from his own experiences, Kiyosaki shows how the rich invest their money to continue getting richer while the poor invest in liabilities that take more money than they can make. Rich Dad, Poor Dad, is a financial book that expounds on the difference between assets and liabilities. Some of his other notable books include Rich Dad’s Guide to Investing and Rich Dad’s CASHFLOW Quadrant, to mention but a few. He also borrows from others’ experiences and makes readers see the numerous mistakes they make where money is concerned. Kiyosaki writes from his own experiences, growing up poor, and observing how the poor and rich made and invested their money. Kiyosaki is a best-selling author best known for his self-help book Rich Dad, Poor Dad. Why "A" Students Work for "C" Students and "B" Students Work for the GovernmentįAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer If You Want To Be Rich & Happy Don't Go To School Rich Dad's Guide to Raising Your Child's Financial I.Q. The Business School For People Who Like Helping People Rich Dad's Guide to Becoming Rich without Cutting Up Your Credit Cards
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